Tradewind Finance, an international trade finance company, has completed a USD 1.5 million export factoring facility for an auto parts manufacturer in Taiwan. The timely facility is providing essential working capital to support the company’s daily operation, particularly its production and export activities.
With over a decade of manufacturing experience, the exporter has established a strong presence in the international market, securing long-term partnerships thanks to its state-of-the-art production line and commitment to high-quality products. However, extended payment terms with customers were creating significant cash flow challenges, which ultimately hindered its business performance.
To address this issue, the manufacturer partnered with Tradewind Finance, drawn by the alternative finance provider’s robust reputation and its 25 years of expertise in the trade finance industry. In the arrangement, the company who used to be self-financed, benefited from the customized export factoring solution containing a USD 1.5 million credit facility and credit protection. It enabled the exporter to release cash flow tied up in accounts receivables, accept more orders on open account terms, and seize business opportunities in the global market.
“Our flexible tailor-made factoring solution can be adjusted according to financing structure and amounts based on the exporters’ real needs and the buyers’ creditworthiness, which means there is no fixed cap in credit limit. It makes us prominent among traditional financial institutions who typically assess exporters’ financial health and set credit limits based on balance sheets,” said Dickson Au, Regional CEO – Far East, at Tradewind Hong Kong.
For more information about Tradewind’s financial solutions that enable businesses to grow, thrive, and conduct cross-border trade smoothly, please visit: https://www.tradewindfinance.com/
About Tradewind Finance
Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.
